A HIDDEN TAX IS STEALING YOUR MONEY! 01/12/2011


by Moody Adams
Economic historian G. Edward Griffin, author of the classic Federal Reserve exposť "The Creature from Jekyll Island," has revealed in the Whistleblower Magazine how the government steals your salvary and your savings:

"Inflation has now been institutionalized at a fairly constant 5 percent per year. This has been determined to be the optimum level for generating the most revenue without causing public alarm. A 5 percent devaluation applies, not only to the money earned this year, but to all that is left over from previous years. At the end of the first year, a dollar is worth 95 cents. At the end of the second year, the 95 cents is reduced again by 5 percent, leaving its worth at 90 cents, and so on. By the time a person has worked 20 years, the government will have confiscated 64 percent of every dollar he saved over those years. By the time he has worked 45 years, the hidden tax will be 90 percent. The government will take virtually everything a person saves over a lifetime."

So understand, that govenrment greed is going to sucessfully steal 90 percent of everything you save. They do it slowly so you don't become alarmed. They do it by printing money, which is like adding water to the soup. They do it by tolerating inflation, which inflated the price of the things your dollars can buy.

No wonder they are removing the Ten Conmandments from public view. It declares, "Thou shalt not covet".

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